G Soros Quotes & Sayings

The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period. — George Soros

Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy. — George Soros

New Rule: Since Glenn Beck is clearly onto us, liberals must launch our plan for socialist domination immediately. Listen closely, comrades, I've received word from General Soros and our partners in the UN
Operation Streisand is a go. Markos Moulitsas, you and your Daily Kos-controlled army of gay Mexican day laborers will join with Michael Moore's Prius tank division north of Branson, where you will seize the guns of everyone who doesn't blame America first, forcing them into the FEMA concentration camps. That's where ACORN and I will re-educate them as atheists and declare victory in the war on Christmas. — Bill Maher

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. — George Soros

We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money. — George Soros

FALSE EQUIVALENCY

If you compare the Koch brothers to George Soros and you compare MSNBC to FOX News then why not compare the NAACP to the Ku Klux Klan, George Washington to King George, Abraham Lincoln to Jefferson Davis, Barack Obama to Vladimir Putin;
If you compare the Democratic party to the Republican party then why not compare Citizens United with Brown versus Board of Education, Churchill to Mussolini, Martin Luther King to George Wallace;
If you compare Liberals to Conservatives then why not compare Boxing to Cage Fighting, Mozart to Salieri, Edward Kennedy Ellington to Lawrence Welk, Three Card Monty to Inside Trading, John Birks Gillespie to Cab Callaway;
If you are mentally slothful enough to engage in false equivalency, why not go all the way? Pretend that ignorance equates with knowledge, Science with Mythology and empathy with apathy? — E. Landon Hobgood

Once a trend is established it tends to persist and to run it's full course. — George Soros

I would be lying, however, if I claimed that I could always formulate worthwhile hypotheses on the basis of my theoretical framework. Sometimes there were no reflexive processes to be found; sometimes I failed to find them; and, what was the most painful of all, sometimes I got them wrong. One way or another, I often invested without a worthwhile hypothesis and my activities were not very different from a random walk. — George Soros

I wish I could write a book that will be read for as long as our civilization lasts ... I would value it much more highly than any business success if I could contribute to an understanding of the world in which we live or, better yet, if I could help to preserve the economic and political system that has allowed me to flourish as a participant. — George Soros

When a long-term trend loses it's momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented. — George Soros

America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process. — George Soros

Unfortunately, the more complex the system, the greater the room for error. — George Soros

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium. — George Soros

If the Americans would only take all the money they have spent on this war (Iraq), and spend it like Soros has done on civil societies in these countries, then in 10 years they would have wonderful results. — Orhan Pamuk

Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited. — George Soros

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy. — George Soros

Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in. — George Soros

Anticipating attacks, I should like to emphasize that I do not subscribe to the myths propagated by enemies of Israel and I am not blaming Jews for anti-Semitism. Anti-Semitism predates the birth of Israel. Neither Israel's policies nor the critics of those policies should be held responsible for anti-Semitism. At the same time, I do believe that attitudes toward Israel are influenced by Israel's policies, and attitudes toward the Jewish community are influenced by the pro-Israel lobby's success in suppressing divergent views. — George Soros

Market prices are always wrong. — George Soros

President Bush is endangering our safety, hurting our vital interests, and undermining American values. — George Soros

There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well. — George Soros

Find the trend whose premise is false, and bet against it. — George Soros

I am not a Zionist, nor am I am a practicing Jew, but I have a great deal of sympathy for my fellow Jews and a deep concern for the survival of Israel. — George Soros

Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly. — George Soros

Increase your bets when you are confident and scale down your positions when you don't have conviction. — George Soros

My original intention was to spend the money in my lifetime. — George Soros

Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner. — George Soros

Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago. — George Soros

You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel. — George Soros

Unrestrained competition can drive people into actions that they would otherwise regret. — George Soros